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What is title fraud and how can you protect yourself?
Welcome to our latest video where we tackle a critical issue in the real estate industry - Fraud. As professionals, it's our duty to be vigilant and protect ...
Mar 16, 2023 · These industry experts come together to examine the issue of rising title fraud. They discuss the different types of fraud affecting homebuyers and homeowners, the role identity theft plays in title fraud, as well as what consumers can do to protect themselves.
Title fraud is when a fraudster steals your identity and forges documents to either remortgage your home and take the proceeds, or to sell your home right out from under you. For criminals who know the intricacies of the real estate and lending markets, title fraud makes for fast and easy money.
Title fraud is impossible to predict, but you can take these 5️⃣ steps to help protect yourself! If you don’t have a #titleinsurance policy, now is the best time to purchase one!...
Mar 17, 2024 · Experts say the most common targets of title or mortgage fraud attempts include newcomers to Canada, who are particularly vulnerable if they face language barriers, as well as seniors.
People also ask
What is title fraud?
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Jan 13, 2023 · Real-estate title fraud take place when someone steals ownership of a home, using identity theft, in order to benefit from its value. Experts say there are ways to help prevent it. (Graeme...
